REGISTERED NUMBER: SC386475 (Scotland)

LEFT DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Cruickshank

C S Tsang

REGISTERED OFFICE:

21 Dougalston Gardens South

Milngavie

Glasgow

G62 6HS

REGISTERED NUMBER:

SC386475 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

594

560

CURRENT ASSETS

Debtors

5

255

4,929

Cash at bank

14,494

11,360

14,749

16,289

CREDITORS

Amounts falling due within one year

6

9,430

9,837

NET CURRENT ASSETS

5,319

6,452

TOTAL ASSETS LESS CURRENT LIABILITIES

5,913

7,012

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,813

6,912

SHAREHOLDERS' FUNDS

5,913

7,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:

C S Tsang - Director

1.	STATUTORY INFORMATION

Left Design Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents services provided in the year, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company makes contributions to the personal pension schemes of the company's directors. Contributions payable to these pension schemes are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2023

1,824

Additions

440

Disposals

(230

)

At 31 October 2024

2,034

DEPRECIATION

At 1 November 2023

1,264

Charge for year

291

Eliminated on disposal

(115

)

At 31 October 2024

1,440

NET BOOK VALUE

At 31 October 2024

594

At 31 October 2023

560

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade debtors

255

4,880

Tax recoverable

-

49

255

4,929

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Directors' loan accounts

8,218

8,847

Taxation and social security

222

-

Other creditors

990

990

9,430

9,837

7.	RELATED PARTY DISCLOSURES